Cedrus Invest Bank, Executive Producer of Capharnaüm, salutes the Jury Prize Win

Beirut, May 21, 2018 – Cedrus Invest Bank, Executive Producer of Capharnaüm, Nadine Labaki’s latest film, celebrates the win of the Jury Prize at the Cannes Film Festival over the weekend. Capharnaüm, a critically acclaimed movie which sheds light on the rights of children in relation to human dignity, received a 15-minute standing ovation following its screening. Cedrus Invest Bank’s support of Capharnaüm is aligned with the Bank’s belief in the power of arts and culture and their ability to transform societies.

“We are avid supporters of cultural endeavors and are firm advocates of the ability of works of art to impact society. We believe in Lebanese talents and their capacity to break all barriers and reach international boundaries,” said Fadi Assali, Chairman and General Manager of Cedrus Invest Bank. “Nadine Labaki is an exceptional filmmaker, who continually creates novel works that manage to move global audiences and transcend barriers, and we praise her ability to tell poignant stories cinematically,” he added.

Cedrus Invest Bank aims to be heavily invested in the cultural realm, with Capharnaüm being a paradigm of its commitment to supporting this sector. As part of its role as an Executive Producer, Cedrus Invest Bank arranged the Investment Banking transaction to raise funds for the film, inviting visionary investors that believe in arts and culture, the opportunity to be part of Capharnaüm.

Cedrus Invest Bank also acknowledges the Central Bank of Lebanon for its efforts to promote and advance the realm of culture and arts and support the movie industry mainly through the subsidized loan for artistic production.

The theme of Capharnaüm, revolves around the topic of childhood and the rights of children in general, in relation to human dignity.

About Cedrus Invest Bank

Founded in Beirut in 2011, Cedrus Invest Bank is a dynamic boutique investment bank, offering supreme financial services, catering to the growing demands of today’s investors. Founded by two Lebanese bankers with extensive global and regional experience, Fadi Assali and Raed Khoury, Cedrus Invest Bank has evolved into a fast-growing institution, offering exceptional services and products to clients across the Middle East and North Africa (MENA) region. At present, Cedrus Invest Bank is the largest Specialized Bank in Lebanon in terms of capitalization, with a shareholders’ equity exceeding USD330 million, and with Assets under management exceeding USD1.3 billion. It offers best-of-class services in Wealth Management, Multi-Family Office Management, Capital Markets and Investment Banking. Through these services, the specialized team at Cedrus Invest Bank addresses the needs of high-net-worth individuals and families, as well as corporate entities in the MENA region. The founders envisioned a Bank that would bridge the gap between the growing needs of regional clients, and the offerings of globally operating banks. This vision has been realized.